Jun 28, 2018

Dragged by factors such as weak rupee, crude surge, trade war fears and others, the market has ended the June series on a subdued note.

The market ended the session and June series with major cuts. The Sensex lost close to one percent, while the Nifty corrected over 1.5 percent for the series under review.

Maximum cuts came in from PSU banks, metals, real estate, infrastructure as well as the midcap index. Nifty PSU bank index was down 7 percent, while real estate index fell over 9.5 percent. The Bank Nifty fell over 2 percent, while the midcap index lost around 6 percent.

The Nifty has managed to end the series below 10,600 as well, while the Sensex closed just above 35,000.


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